Fed funds rate·closes in 7mo

Will the upper bound of the federal funds rate be above 3.50% following the Fed's Apr 28, 2027 meeting?

YES means Above 3.50%

24h volume
0
22.8k lifetime
Open interest
2,176
Spread
62¢
438 × 348 at the touch
24h range
50 recent trades
Chance of YES
30%

A YES contract costs 92¢ and pays $1 if it happens.

NO
70%

costs 70¢

YES bid / ask
30¢ / 92¢
NO bid / ask
/ 70¢
Recent buying21% YES · 79% NO
What Galdor thinks

An independent read of this market

1Reads the rules literallySettlement source, close time, and the edge cases that flip an outcome.
2Checks the tape and the webOrder book, flow, price history, then targeted searches with sources.
3Gives a straight answerA probability with a band, and one of four calls: YES, NO, wait, or stay out.

Generated by an AI analyst from live exchange data and public web sources. Research and analytics, not investment advice. Markets can move after this was written.

Price history

YES price per candle with the bid/ask band, volume underneath. Times in UTC.

Not enough history to chart.

Order book

Resting orders, both sides shown as YES prices. Bars are size.

Yes ask (no bid)SizeYes
  • ask50098¢
  • ask25097¢
  • ask15393¢
  • ask34892¢
spread62¢mid 61¢
  • bid43830¢
  • bid87229¢
  • bid7024¢
  • bid43523¢
  • bid3,36522¢
  • bid15.2k15¢
  • bid2,02610¢
  • bid49.0k
Yes bid (no ask)SizeYes

How this market resolves

Verbatim from Kalshi. Read this before the price.

If the upper bound of the target federal funds rate published on the Federal Reserve's official website is greater than 3.50% following the Federal Reserve's Apr 28, 2027 meeting, then the market resolves to Yes.

This market will expire the first 2:05 PM ET following the release of a Federal Reserve statement for their Apr 28, 2027 meeting or one week following the last day of that meeting.

opened
Oct 13, 2025 · 2:00 PM UTC
closes
Apr 28, 2027 · 5:55 PM UTC · may close early
settles by
Apr 28, 2027 · 6:05 PM UTC
floor
3.5
ticker
KXFED-27APR-T3.50
Trade it on kalshi.com

Other outcomes in this event

Outcomes in this event settle independently.

Recent trades

Over the last 50 trades, 21% of contracts were bought on the YES side.

WhenYESContractsSide
1d ago30¢8bought no
4d ago87¢4bought no
4d ago87¢4bought yes
5d ago70¢22bought yes
11d ago54¢1bought no
12d ago70¢3bought no
12d ago66¢21bought no
12d ago66¢5bought no
13d ago68¢1bought no
14d ago66¢2.42bought no
14d ago67¢0.58bought no
15d ago67¢2bought no
15d ago68¢1bought yes
15d ago67¢5.16bought no
15d ago66¢96bought no

Prices are YES cost in cents and approximate the market’s implied probability. Data is read live from the Kalshi Trade API on every page load. galdor.xyz places no orders and holds no positions. Research and analytics, not investment advice.